Estate & Gift Tax Planning

Owners of closely held businesses generally focus on the following important objectives:

• Provide liquidity for themselves & their heirs
• Minimize federal gift & estate taxes & state inheritance taxes
• Provide for continuity of the business

There are various ways to accomplish these objectives including a series of timely minority-interest transfers, recapitalizations and buy-sell agreements. When transferring the wealth of a privately-held business, the IRS requires the transferred securities to be priced at fair market value.

Utilizing valuation techniques required by the IRS, including Revenue Ruling 59-60, we establish the fair market value of your business and its underlying securities and support our conclusions.